China and inflation have not co-existed well over the centuries. China is attempting to do the impossible, walk a tightrope between free markets and strong central control. Ultimately the two don’t play well together. In the end, they are incompatible. In the meantime, however, the drama of an enormous population with expectations of rising standards [...]
Archives for December, 2010
Silver Market
The JP Morgue Whistleblowers Are Back Submitted by Tyler Durden on 12/24/2010 11:32 -0500 Promptly after those two cuddly bears explained how the JP Morgue is manipulating the silver market, and the xtranormal video went viral, forcing the FT to release an indemnification that “according to sources” JPM had covered a major portion of its [...]
category: gold
tags: Metal Manipulation, Silver Market
A Year Ago — The Ruling Class
Angelo Codevilla wrote of the political elite and contrasted this ruling class with the rest of us. Apparently, it is their job to rule and get fat while we work, feed them and cater to their whims. If they merely drained resources from the productive center, that would be harmful enough. But it is worse [...]
The People Versus The State
The future is always unclear. It is very much so today as we are at an inflection point in history. I suspect that we will see all developed social welfare states (Europe and the U.S.) fail. They were unsustainable in concept and became even more so in the world of contemporary democratic politics. Governments will [...]
category: Uncategorized
Fitzroy McLean’s Investing Thoughts
The Daily Bell produced this interview with an interesting man who apparently has had great success marching to his own drumbeat. Hardly conventional in lifestyle or life-path, Fitzroy McLean is an entertaining interview and offers many opinions on various investing opportunities. Fitzroy McLean on Freedom, International Investing and How to Improve ‘the Space Between One’s [...]
category: Investing Thoughts
-
"Monty Pelerin" is a pseudonym derived from The Mont Pelerin Society. Friedrich Hayek, 1974 Nobel laureate in Economics, was the founder.
Subscribe to Monty Pelerins World by Email. Readers in over 150 countries.
Email: [email protected]
This is box left header
All you need to do is to visit your Custom Homepage Images tab and upload new images (you can crop them after uploading) and enter text and links to replace this text.
This is box center header
All you need to do is to visit your Custom Homepage Images tab and upload new images (you can crop them after uploading) and enter text and links to replace this text.
About Monty Pelerin’s World
"Monty Pelerin" is a pseudonym derived from The Mont Pelerin Society. Friedrich Hayek, Nobel laureate in Economics founded the group in 1947.This site has no connection with the Mont Pelerin Society other than a coincidence in philosophy.
This is box right header
All you need to do is to visit your Custom Homepage Images tab and upload new images (you can crop them after uploading) and enter text and links to replace this text.